Fort Wayne, IN – January 2024 Job Market Report – Hiring Spree Continues

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Overview

The January 2024 job market report for Fort Wayne paints a positive picture, continuing the trend of steady job growth observed in the latter half of 2023. The unemployment rate remained low, indicating a strong demand for workers across various sectors.

Highlights

  • Unemployment rate remained steady at 3.2%, unchanged from December 2023.
  • Fort Wayne’s job market continued to outperform the national average unemployment rate of 4.0%.
  • Job growth was observed in several key industries, including healthcare, professional and business services, and construction.

What Industries and Occupations Grew

  • Healthcare: The healthcare sector continued to be a major source of job growth, with a particular demand for nurses, aides, and medical technicians.
  • Professional and Business Services: This sector experienced significant growth, particularly in areas like accounting, finance, and management.
  • Construction: The construction industry showed continued progress, with job gains in carpentry, electrical work, and plumbing.

What Industries and Occupations Shrunk

The report did not indicate any major industry or occupation experiencing significant job losses in January 2024.

Compare to Same Month Last Year

Compared to January 2023, Fort Wayne’s job market has grown steadily. The unemployment rate has decreased by 0.8 percentage points, indicating a tighter labor market.

Compare to Previous Month

Job growth remained consistent when compared to December 2023. The unemployment rate also held steady, suggesting stability in the job market.

Future Outlook

The future outlook for Fort Wayne’s job market appears positive. Continued economic growth and investment in key industries are expected to create new job opportunities in the coming months.

10 Growing Occupations

According to the Bureau of Labor Statistics (BLS) [http://bls.org], the following occupations are projected to experience the fastest employment growth in Fort Wayne and nationally through 2032:

  1. Home Health and Personal Care Aides
  2. Registered Nurses
  3. Wind Turbine Service Technicians
  4. Solar Photovoltaic Installers
  5. Software Developers, Applications
  6. Database Administrators
  7. Medical Assistants
  8. Physician Assistants
  9. Marketing Specialists
  10. Biomedical Engineers

10 Companies Hiring Now

  1. Parkview Health
  2. Lutheran Health Network
  3. General Motors
  4. Fort Wayne Metals
  5. Walmart
  6. Amazon
  7. United Technologies Corporation
  8. Doosan Bobcat
  9. Verizon
  10. City of Fort Wayne